Study: Portland One of the Hardest U.S. Markets to Build Apartments
A new study from Washington DC ranks Portland 21 out of 50 metro areas in terms of difficulty adding necessary new apartments. Topping the list are Honolulu, Boston, Baltimore, Miami and Memphis. Rankings are based on local regulations and amount of available land. Top obstacles to building apartments listed in the report include:
- Outdated zoning laws
- Unnecessary land use restrictions
- Arbitrary permitting requirements
- Inflated parking requirements
- Environmental site assessments
Read more in the Portland Tribune.
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